Monday, 3 February 2020

USD May Fall on ISM Data, Virus Fears, Inflamed Fed Rate Cut Bets

The US Dollar may suffer if weak ISM data amplifies what are already-inflamed Fed rate cut bets as the coronavirus outbreak continues to dampen sentiment.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...